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2023
Flag → Flag
Exports $96.3MRnk 76 / 216
2023
Flag → Flag
Top Product $25.1MPackaged Medicaments
2023
Flag → Flag
Exports $296kRnk 54 / 100
2023
Flag → Flag
Top Product $64.5kProcessed Tomatoes
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.71Rnk 97 / 132
2023
Flag  
GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH-16.3%CURRENT US$
Rnk 174 / 195

About

Sweden-Iraq Trade: In 2023, Sweden exported $96.3M to Iraq. The main products that Sweden exported to Iraq were Packaged Medicaments ($25.1M), Antiknock ($13.4M), and Electrical Control Boards ($7.73M). Over the past 5 years the exports of Sweden to Iraq have increased at an annualized rate of 0.66%, from $93.1M in 2018 to $96.3M in 2023.

In 2023, Sweden did not export any services to Iraq.

Iraq-Sweden Trade: In 2023, Iraq exported $296k to Sweden. The main products that Iraq exported to Sweden were Processed Tomatoes ($64.5k), Machinery Having Individual Functions ($34k), and Other Processed Fruits and Nuts ($23.9k). Over the past 5 years the exports of Iraq to Sweden have decreased at an annualized rate of 70%,  from $123M in 2018 to $296k in 2023.

In 2023, Iraq did not export any services to Sweden.

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Latest Trends

October, 2024

About

Overview In October 2024, Sweden exported SEK46.8M and imported SEK3.62M from Iraq, resulting in a positive trade balance of SEK43.2M. Between October 2023 and October 2024 the exports of Sweden have decreased by SEK-83.2M (-64%) from SEK130M to SEK46.8M, while imports increased by SEK3.6M (15.7k%) from SEK23k to SEK3.62M.

Trade In October 2024, the top exports of Sweden to Iraq were Packaged Medicaments (SEK40.4M), Antiknock (SEK7.82M), Electric Batteries (SEK7.77M), Liquid Pumps (SEK6.43M), and Sulfate Chemical Woodpulp (SEK2.08M). In October 2024 the top imports of Sweden from Iraq were Processed Tomatoes (SEK160k), Tissue (SEK66k), Rice (SEK34k), Other Oily Seeds (SEK21k), and Jewellery (SEK5k).

Growth In October 2024, the decrease in Sweden's year-by-year exports to Iraq was explained primarily by an decrease in product exports in Antiknock (SEK-6.74M or -46.3%), Computers (SEK-3.33M or -99.7%), and Medical Instruments (SEK-2.05M or -96.2%). In October 2024, the increase in Sweden's year-by-year imports  from Iraq was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)SEK-83.2M(-64%)
IMPORT GROWTH (October 2023 - October 2024)SEK3.6M(15.7k%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Iraq and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iraq and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $96.3M to Iraq. The main products exported from Sweden to Iraq were Packaged Medicaments ($25.1M), Antiknock ($13.4M), and Electrical Control Boards ($7.73M). During the last 5 years the exports of Sweden to Iraq have increased at an annualized rate of 0.66%, from $93.1M in 2018 to $96.3M in 2023.

In 2018, Iraq exported $296k to Sweden. The main products exported from Iraq to Sweden were Processed Tomatoes ($64.5k), Machinery Having Individual Functions ($34k), and Other Processed Fruits and Nuts ($23.9k). During the last 5 years the exports of Iraq to Sweden have decreased at an annualized rate of 70%, from $123M in 2023 to $296k in 2018.

Exports from Sweden (Flag) to Iraq (Flag) (2023)

Exports from Iraq (Flag) to Sweden (Flag) (2023)

Market Competitiveness

Color
Sweden
Top DestinationGermany$18.4B
Iraq
Top DestinationChina$35.5B

This map shows whether countries import more from Sweden or Iraq. Each country is colored based on the difference in imports they receive from Sweden and Iraq or the difference in the growth in imports.

In 2023, countries that imported more from Sweden than Iraq included Germany ($18.4B), Denmark ($14.4B), and Norway ($10.9B).

In 2023, countries that imported more from Iraq than Sweden included India ($29.8B), China ($35.5B), and Greece ($5.68B).

Difference in imports from Iraq (Flag) and Sweden (Flag) (2023)

Comparative Advantage Sweden - Iraq

Flow
Scale

This chart compares trade between Sweden and Iraq by product, considering products traded by both, Sweden and Iraq.

During 2023, Sweden had a large net trade with Iraq in the exports of Chemical Products ($42M), Machines ($36.8M), and Transportation ($5.59M).

During 2018, Iraq had a large net trade with Sweden in the exports of Foodstuffs ($141k), Machines ($50k), and Vegetable Products ($42.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Iraq+$14.2MPackaged Medicaments
Top Product Potential Iraq Sweden+$72kOther Processed Fruits and Nuts

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sweden and Iraq. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Sweden.

Product Space of Sweden (Flag) and Iraq (Flag) (2023)

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